1. COMPANY SNIPPETS.............. 1

2. MAJOR PRODUCTS AND SERVICES..............2

3. SALES DATA.............. 3 Table 1: Pacific Niugini Ltd.’s Sales by Business Segment (2015) in Percentage for Pacific Niugini Minerals (PNG) Exploration, and Nicolsons Gold Project 3

4. MARKET OVERVIEW.............. 4 Gold.............. 4 Table 2: Gold Supply Worldwide (2015) in Tonnes 4

Table 3: Gold Demand by Segment Worldwide (2014) - Percentage Market Share Breakdown by Volume for Fabrication, and Investment.............. 5

Table 4: Gold Production by Mine Worldwide (2014) - Percentage Share Breakdown by Volume for Grasberg, and Others.............. 6 Table 5: Demand for Gold by Category Worldwide (2014) - Percentage Market Share Breakdown for ETFs, Investment (Total Bar & Coin Demand), Jewelry, Official Sector Purchases and Technology.............. 7

Table 6: Consumer Demand for Gold by Region Worldwide (2014) - Percentage Market Share Breakdown for China, Europe (Ex.CIS), India, Middle East, US and Others 8

Table 7: Gold Deposits by Size Worldwide (2014) - Percentage Market Share Breakdown by Volume Sales for <1M, 1-2M, 2-5M, 5-10M, and >10M.............. 9

Table 8: Gold Mine Production by Country Worldwide (2014) - Percentage Market Share Breakdown by Volume for Australia, Canada, China, Indonesia, Peru, Russia, South Africa, USA and Rest of World.............. 10

Table 9: Gold Supply by Segment Worldwide (2014) - Percentage Market Share Breakdown by Value for Mine Production and Recycled Gold.............. 11

Table 10: Gold Reserves by Country Worldwide (2014) - Percentage Market Share Breakdown by Volume for France, Germany, IMF, Italy, USA and Rest of World 12

Table 11: Gold Consumption by Region Worldwide (2015) - Percentage Market Share Breakdown by Volume for Americas, China, Europe Excluding Commonwealth of Independent States (CIS), India, Middle East, Russia, Turkey, and Others 13

Table 12: Gold Production by Country Worldwide (2015) - Percentage Market Share Breakdown by Volume for Australia, Canada, China, Peru, Russia, South Africa, United States, and Others.............. 14

Table 13: Gold Mine Production Worldwide (2015) in Metric Tons of Gold Content..............15

Table 14: Gold Reserves Worldwide (2015) in Metric Tons of Gold Content.............. 16

Table 15: Gold Production in Africa (2014) in Tonnes 17

Table 16: Gold Production by Country in Africa (2015) - Percentage Market Share Breakdown by Volume for Burkina Faso, Côte d'Ivoire, Ghana, and Mali..............18

Table 17: Gold Production in Australia (2014) in Tonnes 19

Table 18: Gold Mine Production by Region in Europe (2015) - Percentage Share Breakdown by Volume for Sweden and Others 20 Copper.............. 21 Table 19: Copper Market by Region Worldwide (2014) - Percentage Market Share Breakdown by Value for Australia, Chile, Indonesia, Iran, Kazakhstan, Mexico, Peru, Poland, Russia, USA, Zambia and Rest of World 21

Table 20: Copper Reserves by Region Worldwide (2014) - Percentage Market Share Breakdown by Volume for Australia, Chile, China, Mexico, Peru, US and Rest of World* 22

Table 21: Copper Demand by End-Use Segment Worldwide (2014) - Percentage Market Share Breakdown by Volume for Construction, Consumer Products, Electronic Products, Industrial Machinery, and Transport.............. 23

Table 22: Copper Production by Category Worldwide (2014) - Percentage Market Share Breakdown by Volume for Concentrates, Solvent Extraction and Electro Winning 24

Table 23: Copper Production by Mine Worldwide (2014) - Percentage Share Breakdown by Volume for Escondida, and Others.............. 25

Table 24: Copper Production by Region Worldwide (2014) - Percentage Market Share Breakdown by Volume for Australia, Chile, China, Peru, Russia, USA, Zambia and Rest of World 26

Table 25: Copper Mine Production by Region Worldwide (2014) - Percentage Market Share Breakdown by Volume for Africa, Asia, Central and South America, Eurasia, Europe, Middle East, North America, and Oceania..............27

Table 26: Copper Mine Production by Country Worldwide (2015) - Percentage Share Breakdown by Volume for Australia, Chile, China, Peru, Russia, US, Zambia, and Others 28

Table 27: Copper Mine Production by Category Worldwide (2015) - Percentage Market Share Breakdown by Volume for Concentrates, and Solvent Extraction and Electro-Winning (SX/EW).............. 29

Table 28: Copper Mined by Source Worldwide (2015) - Percentage Market Share Breakdown by Value for Surface, and Underground.............. 30

Table 29: Copper Consumption by End Use Sector Worldwide (2014) - Percentage Market Share Breakdown by Value for Construction, Consumer Products, Electrical Applications, Industrial Machinery and Transportation 31

Table 30: Copper Consumption by Region Worldwide (2014) - Percentage Market Share Breakdown by Value for China, Germany, India, Japan, Russia, South Korea, USA and Rest of World.............. 32

Table 31: Copper Recycling Market by Electric Appliance Worldwide (2014) - Percentage Share Breakdown by Volume for Air Conditioner, Refrigerator, Television and Washing Machine 33

Table 32: Copper Smelter Production by Type Worldwide (2014) - Percentage Market Share Breakdown by Volume for Primary and Secondary.............. 34

Table 33: Copper Market by Category in Africa (2015) - Percentage Market Share Breakdown by Value for Mine, Refinery, and Others..............35

Table 34: Copper Mined by Source in Africa (2015) - Percentage Market Share Breakdown by Value for Surface, and Underground.............. 36

Table 35: Copper Market by Category in America (2015) - Percentage Market Share Breakdown by Value for Mine, Refined Usage, Refinery, and Others..............37

Table 36: Copper Mined by Source in Asia-Pacific (2015) - Percentage Market Share Breakdown by Value for Surface, and Underground.............. 38

Table 37: Copper Market by Category in China (2014) - Percentage Share Breakdown by Value for Mine Production, Concentrate/Scrap Imports, Recycling, Nickel Pig Iron and Refined Imports.............. 39

Table 38: Copper Demand by End-Use Segment in China (2014) - Percentage Market Share Breakdown by Volume for Electric Power, Electronic Information, Light Industry, Machinery Production, Construction, and Others 40

Table 39: Copper Consumption by Category in China (2014) - Percentage Market Share Breakdown by Volume for Building & Construction, Electronics, Household Appliances, Power, Transportation, and Others..............41

Table 40: Copper Market by Category in Europe (2015) - Percentage Market Share Breakdown by Value for Mine, Refined Usage, Refinery, and Others..............42

Table 41: Copper Mined by Source in Europe (2015) - Percentage Market Share Breakdown by Value for Surface, and Underground.............. 43

Table 42: Copper Mined by Source in Latin America (2015) - Percentage Market Share Breakdown by Value for Surface, and Underground.............. 44

Table 43: Copper Market by Category in Oceania (2015) - Percentage Market Share Breakdown by Value for Mine, and Others.............. 45 Silver.............. 46 Table 44: Silver Supply by Segment Worldwide (2014) - Percentage Market Share Breakdown by Volume for Government Sales, Mine Production, and Old Silver Scrap 46

Table 45: Silver Fabrication by Segment Worldwide (2014) - Percentage Market Share Breakdown by Volume for Industrial and Decorative, Jewelry and Silverware, Official Coins and Medals, and Photography..............47

Table 46: Silver Demand by Segment Worldwide (2014) - Percentage Market Share Breakdown by Volume for Exchange Traded Funds, Fabrication, and Hedging 48

Table 47: Silver Production by Region Worldwide (2014) - Percentage Market Share Breakdown by Volume for Africa, Asia-Pacific, Europe, North America, and South America 49

Table 48: Silver Production by Country Worldwide (2014) - Percentage Market Share Breakdown by Volume for Australia, Bolivia, Chile, China, Mexico, Peru, and Others 50

Table 49: Silver Fabrication Demand by Country Worldwide (2014) - Percentage Market Share Breakdown by Value Sales for China, Germany, India, Japan, US, and Others 51

Table 50: Silver Supply Worldwide (2015) in Tonnes 52

Table 51: Silver Mine Production Worldwide (2015) in Metric Tons of Silver Content..............53

Table 52: Silver Reserves Worldwide (2015) in Metric Tons of Silver Content.............. 54

Table 53: Silver Demand Worldwide (2015) in Tonnes 55

Table 54: Silver Demand by End-Use Segment Worldwide (2015) - Percentage Market Share Breakdown by Volume for Brazing Alloys and Solders, Coins and Medals, Electrical and Electronics, Investment, Jewelry and Silverware, Photography, and Others.............. 56

Table 55: Silver Mine Supply by Region Worldwide (2015) - Percentage Market Share Breakdown by Volume for Africa, Asia (Excluding China), Australasia, China, Europe, North America, and South and Central America..............57

Table 56: Silver Demand by Region Worldwide (2015) - Percentage Market Share Breakdown by Volume for China, Europe, India, Japan, North America, and Others 58

Table 57: Silver Consumption by Country Worldwide (2015) - Percentage Share Breakdown by Volume for China, Germany, India, Italy, Japan, United States, and Others 59

Table 58: Silver Mine Production by Country Worldwide (2015) - Percentage Share Breakdown by Volume for Australia, Bolivia, China, Mexico, Peru, Russia, and Others 60

Table 59: Silver Reserves by Country Worldwide (2015) - Percentage Share Breakdown by Volume for Australia, Chile, China, Mexico, Peru, Poland, United States, and Others 61

Table 60: Silver Consumption in China (2015) in Tonnes 62

Table 61: Silver Mine Production by Region in Europe (2015) - Percentage Share Breakdown by Volume for Sweden and Others 63 Lead.............. 64 Table 62: Lead Consumption by End Use Sector Worldwide (2014) - Percentage Market Share Breakdown by Value for Ammunition, Batteries, Pigments, Rolled/Extruded and Others 64

Table 63: Lead Consumption by Region Worldwide (2014) - Percentage Market Share Breakdown by Value for China, Germany, India, South Korea, USA and Rest of World 65

Table 64: Lead End Use Market by Application in India (2014) - Percentage Share Breakdown by Value Sales for Alloys, Batteries, Cable Sheathing, Pigments & Other Compounds, Rolled and Extruded Products, Shot/Ammunition, and Others 66

Table 65: Lead Market by Application in South Korea (2014) - Percentage Share Breakdown by Value for Ammunition, Batteries, Cable sheathing, Pigment, Roller Extension and Others.............. 67

Table 66: Lead Market by Category in China (2014) - Percentage Share Breakdown by Value for Concentrate/Scrap Imports, Recycling, Nickel Pig Iron, Mine Production, and Refined Imports.............. 68

Table 67: Lead Market by End Use in India (2014) - Percentage Market Share Breakdown by Value Sales for Alloys, Batteries, Pigments, Rolled Products and Others 69

Table 68: Lead Market by Region Worldwide (2014) - Percentage Market Share Breakdown by Value for Australia, Bolivia, Canada, China, India, Macedonia, Mexico, Russia, South Africa, Sweden, USA and Rest of World 70

Table 69: Lead Mine Production by Region Worldwide (2014) - Percentage Market Share Breakdown by Volume for Australia, Europe, Mexico, North America, Peru, and Rest of World 71

Table 70: Lead Production by Mine Worldwide (2014) - Percentage Share Breakdown by Volume for Cannington, and Others.............. 72

Table 71: Lead Production by Region Worldwide (2014) - Percentage Market Share Breakdown by Volume for Australia, China, Mexico, Peru, USA and Rest of World 73

Table 72: Refined Lead Production by Type Worldwide (2014) - Percentage Market Share Breakdown by Volume for Primary Refined Production and Secondary Refined Production 74 Zinc.............. 75 Table 73: Zinc Market by Region Worldwide (2014) - Percentage Market Share Breakdown by Value for Australia, Bolivia, Brazil, Canada, China, India, Iran, Ireland, Kazakhstan, Mexico, Namibia, Peru, Russia, Sweden, USA and Rest of World 75

Table 74: Zinc Production by Region Worldwide (2014) - Percentage Market Share Breakdown by Volume for Australia, Canada, China, India, Peru, USA and Rest of World 76

Table 75: Zinc Production by Mine Worldwide (2014) - Percentage Share Breakdown by Volume for Rampura Agucha, and Others.............. 77

Table 76: Zinc Consumption by End Use Sector Worldwide (2014) - Percentage Market Share Breakdown by Value for Construction, Consumer Products, Industrial Machinery, Infrastructure and Transport..............78

Table 77: Zinc Consumption by Region Worldwide (2014) - Percentage Market Share Breakdown by Value for China, Germany, India, Japan, South Korea, USA and Rest of World 79

Table 78: Zinc Demand by End-Use Segment Worldwide (2014) - Percentage Market Share Breakdown by Volume for Brass Semis, Castings, Die Casting Alloys, Galvanising, Oxides Chemicals, and Others.............. 80

Table 79: Zinc Demand by End Use Segment in Australia (2014) - Percentage Market Share Breakdown by Volume for Construction, Consumer Products, Industry Machinery, Infrastructure and Transport..............81

Table 80: Zinc Demand by End Use in China (2015) - Percentage Market Share Breakdown by Value for Consumer Products, Industrial Machinery, Infrastructure, Non-Residential Construction, Residential Construction, and Transport 82

Table 81: Zinc Demand by End Use in China (2015) - Percentage Share Breakdown by Value for Consumer Products, Industrial Machinery, Infrastructure, Non-Residential Construction, Residential Construction, and Transport 83

Table 82: Zinc Market by Category in China (2014) - Percentage Share Breakdown by Value for Mine Production, Concentrate/Scrap Imports, Recycling, Nickel Pig Iron and Refined Imports.............. 84

Table 83: Zinc End Use Market by Category in India (2014) - Percentage Share Breakdown by Value Sales for Brass And Bronze, Chemicals, Galvanizing, Zinc Alloying, and Zinc Semi Manufacturers, and Others..............85

Table 84: Zinc Market by Application in South Korea (2014) - Percentage Share Breakdown by Value for Brass, Die-casting, Galvanising, Oxide /Chemicals, Sheet Galvanising, Zinc Semis and Others.............. 86

Table 85: Zinc Market by End Use Segment in South Korea (2014) - Percentage Share Breakdown by Value for Construction, Consumer Products, Machinery, Transport and Others.............. 87 Molybdenum.............. 88 Table 86: Molybdenum Usage by Category Worldwide (2015) - Percentage Market Share Breakdown by Volume for Cast Iron, Chemicals, Stainless Steel, Tool & High-Speed Steels, and Others.............. 88

Table 87: Molybdenum Mine Production by Country Worldwide (2015) - Percentage Share Breakdown by Volume for Canada, Chile, China, Mexico, Peru, and USA 89

Table 88: Molybdenum Demand by Region Worldwide (2015) - Percentage Share Breakdown by Value Sales for China, Europe, Japan, USA, and Others..............90

Table 89: Molybdenum Reserves by Country Worldwide (2015) - Percentage Share Breakdown by Volume for Canada, Chile, China, Peru, United States, and Others 91

Table 90: Molybdenum Mine Production Worldwide (2015) in Metric Tons of Molybdenum Content..............92

Table 91: Molybdenum Reserves Worldwide (2015) in Metric Tons of Molybdenum Content.............. 93

Table 92: Molybdenum Consumption by Country Worldwide (2014) - Percentage Market Share Breakdown by Volume for Germany, Japan, South Korea, USA, and Rest of World 94

Table 93: Molybdenum Consumption by Region Worldwide (2014) - Percentage Market Share Breakdown by Volume for Americas, Asia and Europe.............. 95

Table 94: Molybdenum Consumption by End-Use Segment Worldwide (2014) - Percentage Market Share Breakdown by Volume for Cast Iron, Chemicals, Construction Steel, Molybdenum Metal, Stainless Steel, Super Alloys, and Tool and High-Speed Steel 96

Table 95: Molybdenum Consumption by Country in Americas (2014) - Percentage Market Share Breakdown by Volume for Canada, USA and Other Americas..............97

Table 96: Molybdenum Consumption by Country in Asia (2014) - Percentage Market Share Breakdown by Volume for India, Japan, South Korea, Taiwan and Other Asia 98

Table 97: Molybdenum Consumption by Country in Europe (2014) - Percentage Market Share Breakdown by Volume for France, Germany, Italy, Spain, United Kingdom and Other Western Europe.............. 99 Tin.............. 100 Table 98: Tin Production by Region Worldwide (2014) - Percentage Market Share Breakdown by Volume for Indonesia, China, Bolivia, Brazil, Peru, and Rest of World 100

Table 99: Tin Consumption by Region Worldwide (2014) - Percentage Market Share Breakdown by Value for China, Europe, Japan, USA and Rest of World..............101

Table 100: Tin Demand by Usage Worldwide (2015) - Percentage Market Share Breakdown by Value for Chemicals, Solder, Tin Plate, and Others.............. 102

Table 101: Tin Mine Production Worldwide (2015) in Metric Tons of Tin Content.............. 103

Table 102: Tin Reserves Worldwide (2015) in Metric Tons of Tin Content.............. 104

Table 103: Tin Consumption by End Use Sector Worldwide (2014) - Percentage Market Share Breakdown by Value for Chemicals, Solder, Tinplate and Others..............105

Table 104: Tin Reserves by Country Worldwide (2015) - Percentage Share Breakdown by Volume for Australia, Bolivia, Brazil, China, Indonesia, Russia, and Others 106

5. COMPETITIVE LANDSCAPE.............. 107 Silver.............. 107 Table 105: Market Shares of Leading Silver Producers Worldwide (2014) - Percentage Breakdown by Value Sales for BHP Billiton Ltd., Coeur Mining, Inc., Fresnillo Plc, Goldcorp, Inc., Hochschild Mining Plc, Kazakhmys Plc, KGHM Polska Miedz SA, Pan American Silver Corporation, Polymetal International Plc, Volcan Compañía Minera S.A.A., and Others 107

Table 106: Market Shares of Leading Ag (Silver) Paste Manufacturers Worldwide (2015) - Percentage Breakdown by Value for E. I. du Pont de Nemours and Co., Ferro Corporation, Heraeus Holding GmbH, and Others 108

Table 107: Market Shares of Leading Silver Producers in China (2015) - Percentage Breakdown by Production for Chinalco Yunnan Copper Co. Ltd., Jiangxi Copper Co. Ltd., Tongling Nonferrous Metals Group Holding Co.,Ltd., Yuguang Gold & Lead Co. Ltd., and Others..............109 Copper.............. 110 Table 108: Market Shares of Leading Copper Producers Worldwide (2015) - Percentage Breakdown by Value for Anglo America Plc, BHP Billiton Limited & Plc, CODELCO, Freeport-McMoRan Inc. (FCX), Grupo México, Rio Tinto Group, Southern Copper Corporation (SCCO), XTA Electronics Ltd., and Others.............. 110 Zinc.............. 111 Table 109: Market Shares of Leading Zinc Producing Companies Worldwide (2014) - Percentage Breakdown by Volume for Glencore Plc, Hindustan Zinc Ltd., Minmetals Resources Ltd., Nyrstar N.V, Teck Resources Ltd., and Others 111

Table 110: Market Shares of Leading Zinc Smelting Companies Worldwide (2014) - Percentage Breakdown by Value for Boliden AB, Glencore Plc, Hindustan Zinc Ltd., Huludao Zinc Industry Co., Ltd., Korea Zinc Co., Ltd., Nyrstar N.V, and Votorantim Group and Others.............. 112 Tin.............. 113 Table 111: Market Shares of Leading Tin Producers Worldwide (2015) - Percentage Breakdown by Volume for Guangxi China Tin Group Co., Ltd., Malaysia Smelting Corporation, Minsur S.A., PT Timah (Persero) Tbk, Thailand Smelting and Refining Co., Ltd., Yunnan Tin Co., Ltd., and Others 113

6. RECENT INDUSTRY DEVELOPMENTS..............114